business news
AirAsia Planning Cryptocurrency-Based Rewards Program
The Malaysian discount airline plans to use its proprietary BigCoin token to facilitate transactions and act as a frequent-flyer rewards program.

Cisco Imagines Group Chats on a Blockchain in Patent Filing
A Cisco patent application describes how a blockchain could let people form groups on the fly to share files and other data while tracking membership.

Riot Blockchain Acquires Futures Brokerage After Crypto Pivot
Riot Blockchain announced it would "investigate" creating a crypto exchange and futures product after acquiring a registered brokerage.

Telegram Doubles Amount Raised in ICO to $1.7 Billion
Messaging app provider Telegram has raised a second $850 million in its ongoing token sale, according to a new filing with the SEC.

Intel Wants to Patent a Bitcoin Mining Hardware 'Accelerator'
Intel explains in a recently-released patent application how it would improve its products for bitcoin mining purposes.

'Colored Coins' Startup Coinprism Is Shutting Down
Coinprism was arguably ahead of its time, but much has changed on the tech and regulatory fronts since its debut in 2014, and the startup is closing.

Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange
A South Korean cryptocurrency exchange has reportedly had its insurance claim denied months after it closed following a debilitating hack.

Bitcoin's Lightning Network Is Live, But Can It Keep from Going Corporate?
As startups developing bitcoin's Lightning Network start pushing the tech forward, some wonder whether it'll be taken over by corporate interests.

West Virginia Piloting Blockchain Voting App in Senate Election
The U.S. state of West Virginia is trialing a voting system for absentee military personnel using a mobile app powered by blockchain technology.

State Digital Currency Still On Agenda, Says China's Blockchain Lead
China is still in the process of developing a state digital currency, the chief of a government-funded blockchain research center has said.
